That’s all I need. They say they’ll end the wasteful subsidies they currently provide to banks and private lenders for student loans. What they don’t say is I’ll get taxed on any short fall.

If mom and dad want their kids in college and they start saving $300/month at a paltry 3%, in 18 years they’ll have 85,728 to fund a college education. I’m sorry, I’m not willing to fund someone else’s higher education. I do that from K-12 through my property taxes.

Why not cut welfare payments instead? Limit welfare to 4 years, allowing the recipient to who is not physically or developmentally disabled to learn a trade and get a degree and become a contributor to society instead of a liablility. Extend that to students coming out of high school too. The initial cost may be monumental, but the long term savings will more than make up for the initial short fall. Oh BTW, once you go throught the program, no more public doll for at least 15 years. My dollars, my choice.